Annotated balance sheet · halal screening

Brookfield Finance Inc. 4.625%

The full balance sheet for BNH, with the line items that feed each halal check marked and explained inline. Read it like a financial report that grades itself.

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Annotated balance sheet · halal screening

Brookfield Finance Inc. 4.625% — Q1 2026

Source: SEC Form 10-Q filed 2026-03-31 · via FMP · USD millions · Open filing

Assets

Current Assets

Cash & cash equivalents①

$15,079

Marketable securities①

Accounts receivable

$43,989

Inventories

Other current assets

$-0

Total current assets

$59,069

Non-current Assets

Property, plant & equipment, net②tangible

$168,802

Operating lease right-of-use assets②tangible

Long-term marketable securities①

$198,825

Goodwill

$43,102

Intangible assets, net

$38,311

Other non-current assets

$9,030

Total non-current assets

$458,070

TOTAL ASSETS

$521,322

CHECK ①

Cash + Securities Ratio

under AAOIFI

208.7%

✗ FAIL

Threshold≤ 30%Shortfall178.7 percentage points over the limit

Breach risk

Breached

0%← Pass zone | Fail zone →230%

Caps how much of a company's value can be held in interest-bearing financial assets — too much suggests the business is more about earning interest than producing real goods/services.

SourceAAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds), §3.5.1

Liabilities

Current Liabilities

Accounts payable

$33,569

Other current liabilities

$-33,569

Deferred revenue

Commercial paper③interest-bearing

Short-term debt③interest-bearing

$34,351

Total current liabilities

$34,351

Non-current Liabilities

Long-term debt③interest-bearing

$233,996

Other non-current liabilities

$59,874

Total non-current liabilities

$293,870

TOTAL LIABILITIES

$355,135

CHECK ③

Interest-bearing Debt Ratio

under AAOIFI

261.9%

✗ FAIL

Threshold≤ 30%Shortfall231.9 percentage points over the limit

Breach risk

Breached

0%← Pass zone | Fail zone →288%

Caps how much of a company's value comes from interest-bearing loans. Companies that rely heavily on riba (interest-based debt) fail this check even if their business itself is permissible.

SourceAAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds), §3.4.2

Income Statement Excerpt (trailing 12 months)

Total revenue

$76,579

Of which:

Product & services revenue

$76,579

Interest income④non-permissible

$717

CHECK ④

Non-permissible Income Ratio

under AAOIFI

0.9%

✓ PASS

Threshold≤ 5%Buffer4.1 percentage points to spare

Breach risk

Comfortable

0%← Pass zone | Fail zone →8%

Caps what fraction of company revenue can come from non-permissible sources. If your stock passes but interest income is high, you'd 'purify' your share of that income through charity.

SourceAAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds), §3.6

Final verdict — under AAOIFI Standard

Not halal

Sector check passes: ✗ no

Want to verify against the primary document? Open full SEC filing

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